18th Dec 2019

@9.00 AM

NF closed at 12197.65

NF VAs
VAH - 12186
POC - 12167
VAL - 12154

Hypo -1 - If price opens above YVAH, it might drive up to test some uncharted territory. probable target 12250 / 12300

Hypo - 2 - If price opens inside YVA, it might swing for a while, might take support at YPOC or YVAL, and drive up to test 12250 / 12300

Hypo - 3 - If price opens below YVAL, and if price breaches the 12145 zone with momentum, it might test 12120 / 12100 levels.

Side Notes:
1) NF closed at highs, breaking previous ATH (on 28th Nov - 12196.05). New ATH is 12200. Potential COD up.
2) Strong single prints formed between 12100 and 12150.
3) ViX crashed 6% and closed @ 12.52
4) high probability for a gap-up open
5) 17th Dec was kinda Trend day till H period and seems to be a P shape profile, which means many shorts were covered.
6) Price is bullish until 12145 is taken out with momentum.

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